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Do You Have Enough Inventory? Or...Too Much?

Business owners and financial managers need to control inventory levels. Establishing the right inventory level by item for your small business is a crucial success factor. This article will...
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Do You Have Enough Inventory? Or...Too Much?

Business owners and financial managers need to control inventory levels. Establishing the right inve...
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11 Ways to Spend Leftover Accounting Inventory Budget

It’s the time of year for daydreaming about creatively using leftovers. What if we apply some of tha...
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A 4-Step Formula To Contact Prospects on Social Media

Tapping into social networks to generate and cultivate leads in a mutually beneficial way provides a...
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When To Start Saving For Retirement And The Mindset Behind It

Experts offer advice on retirement plans, investments, tax law, and when to start saving for retirem...
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Three factors you should know about an Income Statement

The income statement is one of the core financial statements used by business owners and their accou...
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Accounting: A Simple Definition

All businesses must deal with accounting daily. It is a crucial process for determining the financia...
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24 Basic Accounting Principles Business Owners Must Have

Basic accounting principles underly generally accepted accounting standards (GAAP), which are “princ...
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Inventory Accounting: It's Not as Difficult as You Think

If you think inventory accounting is too hard, it’s time to rethink, refresh, retool, and restart. W...
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Working Capital and Liquidity

Every business owner faces challenges daily, but few are as pressing or as stressful as maintaining ...
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Accounting Equation Principle

The basic accounting equation formula is: total Assets =  Liabilities + Equity. It is used in double...
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Chart of Accounts

The chart of accounts is a numbered list of all accounts used to record and summarize business trans...
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11 Ways to Revamp Your Accounting System

The design determines whether your software works with you or stands in your way. Poorly designed so...
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